Buy ADA/USDT – 1H – BUY

The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.

A bullish movement up to the next resistance at 0.924900000 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.869800000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 1.133200000
2nd High 1.121000000
Next High 0.924900000
Current Price 0.914800000
Next Low 0.869800000
2nd Low 0.770000000
3rd Low 0.765500000

Download ADA/USDT Signal Image

Trading Signals:

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